EUR/USD

Current level – 1.1103

The pair breached above the top border of the 1.1066-1.1089 range and is heading towards a test of the support level at 1.1140, but there is still a chance that bears could crash the party at around 1.1115. Disappointing data for the nonfarm payrolls change in the USA (13:30 UK time) could help the pair gain additional bullish momentum. In the opposite direction, a minor support lies at 1.1089 and the major one is at 1.1066.

Resistance Support
intraday intraweek intraday intraweek
1.1115 1.1170 1.1060 1.0990
1.1140 1.1190 1.1020 1.0880

USD/JPY

Current level – 108.70

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USD/JPY is about to test the support level at 108.65. A possible breach of this support could lead the pair towards the support zone at around 108.25. Any positive news regarding the USA-China trade negotiations could improve the market sentiment. If this scenario happens, the first resistance lies at 108.90.

Resistance Support
intraday intraweek intraday intraweek
108.90 109.60 108.65 107.05
109.20 110.50 108.25 106.60

GBP/USD

Current level – 1.3151

The euphoric rally continues as the Cable reached new seven-month highs at 1.3169. The sentiment remains bullish and the pair should test and breach the resistance at 1.3170 in order to continue rising. A possible correction in case of an unsuccessful test of 1.3170 could increase downward pressure and push the pair back towards the upper border of the recent range at 1.3007.

Resistance Support
intraday intraweek intraday intraweek
1.3170 1.3255 1.3000 1.2890
1.3214 1.3320 1.2960 1.2820

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